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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: LRS who wrote (7050)2/1/1998 5:19:00 PM
From: Bill Harmond  Read Replies (3) of 27307
 
That NY Times article says same-old same-old, nothing new. Comparing Yahoo risk to Netscape because of Microsoft is simplistic nonsense. Microsoft zeroed-out Netscape's market, an impossibility with Yahoo. Microsoft was going to kill off AOL, remember...yet AOL's stock performance over the last four years makes Microsoft's splendid showing look like a steel company's by comparison.

That Yahoo is an outrageously-expensive stock is nothing new; the price is high for a reason. That 20% of Yahoo's revenues come from pornographic sites is simply ludicrous.

The fact is that the New York Times has much to fear from Yahoo. A sizeable minority of the Times' revenues comes from classified and directory advertising, and the majority of its overhead is in newsprint, printing and distribution....near zero-cost line items for Yahoo. Yahoo's readership has grown to 10x the Times' in two years, Yahoo probably has as many page-views daily now as the Times, and the Yahoo brand name is already just as valuable.
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